House Bill – New Tax Credit
President Bush signed a landmark housing bill that is good news for first-time home buyers. Those who purchase a home for the first time from April 9, 2008 to July 1, 2009 will receive a tax credit of $7,500. This bill is predicted to increase the housing demand, and get those thinking about purchasing a home some added incentive to purchase the home this year. Consumers can refer to this site, www.federalhousingtaxcredit.com for answers to questions about the tax credit and how you can take advantage of the program.
If you are serious about getting into a home during this time, here is some additional information for first-time home buyers, Home Loan Tips
Read the story at MarketWatch; President Bush Signs Landmark Housing Bill.
Tags: House Bill, tax credit